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Media Center: Press Releases August 25, 2003

For Immediate Release

Black Wealth Network expands reach with four new partners

CLEVELAND, August 25, 2003-Black Wealth Network (www.bwnonline.com), an online investment service empowering African Americans of all income levels to create wealth for current and future generations, today announced that Black Wealth Network membership and services are available through four dominant Web sites for African Americans.

CallandPost.com, EverythingBlack.com, FraserNet.com and Nubonyx.com are now hosting and promoting membership in Black Wealth Network.

Direct access to Black Wealth Network's investment opportunities is expanded to thousands of potential new members as a result of the relationships. The partners represent some of the most established online resources and communities for African Americans on the Web.

"We feel it is important to provide our community with cutting-edge economic opportunities," said Patrick McElroy, president of EverythingBlack.com. "Black Wealth Network is providing tools to increase the collective knowledge and wealth of African Americans and we're proud to be among the first to provide it."

Launched in May of this year, Black Wealth Network provides its members with unique wealth building tools, including one-stop access to African American managed mutual funds for ultra-low fees with no minimum investment requirements. Membership is $4.99 per month for unlimited transactions, with no transaction costs or commissions.

"These four initial partners are key supporters of our mission, and we're fortunate to have them on board to help launch our services," said Steve Washington, founder and managing director of Black Wealth Network. "Our presence will continue to expand in the coming months through additional partnerships with other African American businesses and provider partners."

Black Wealth Network's mission is to make investment opportunities and wealth creation affordable and accessible to African Americans throughout the world.

About Black Wealth Network Black Wealth Network (www.bwnonline.com) is an online investment service for African Americans. It empowers Blacks of all income levels to create individual and collective wealth for current and future generations. Members invest in leading African American managed mutual funds for ultra-low fees with no minimum investment requirements. The company's business model promotes and facilitates a circular income flow within the African American sub-economy and thereby strengthens the Black community. Black Wealth Network is a joint initiative of Associated Securities Corporation and SaveDaily.com, Inc., and is headquartered in Cleveland.

About Call and Post
CallandPost.com (www.callandpost.com) is a free African American Web site, focused on networking, educating and providing economic empowerment to all minority cultures. The Call and Post has been in the news and information business for 85 years. People from around the world visit the site for news not available from other news sources.

About Everything Black.com
EverythingBlack.com (www.everythingblack.com) is a portal to thousands of Black-oriented sites, including organizations, shopping, information, education, and entertainment.

About FraserNet.com
FraserNet.com (www.frasernet.com) is a collection of networking, entrepreneurial and career information that helps place its readers at the forefront of the African American networking movement and assists with their success in today's fast changing business environment.

About Nubonyx.com
Nubonyx.com (www.nubonyx.com) is a minority owned internet service provider (ISP) founded in year 2000 with the idea of creating an independent, entrepreneurial, versatile ISP that would serve a severely neglected segment of American consumers - the minority community.


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